Ø Baby boomers: The term used to describe those individuals born between 1945 and 1970.
Ø Baby busters: The term used to describe those individuals born between 1961 and 1972.
Ø Background check/investigation: The process of verifying information supplied by applicants who are being considered for employment, including, but not limited to, contacting former employers, obtaining educational records and requesting criminal or consumer credit reports.
Ø Baldridge National Quality Award: The Baldrige Award is given by the President of the United States to businesses—manufacturing and service, small and large—and to education and health care organizations that apply and are judged to be outstanding in seven areas: leadership; strategic planning; customer and market focus; measurement, analysis and knowledge management; human resource focus; process management; and results.
Ø Balanced scorecard: A popular strategic management concept developed in the early 1990s by Drs. Robert Kaplan and David Norton. The balanced scorecard is a management and measurement system that enables organizations to clarify their vision and strategy and translate them into action. The goal of the balanced scorecard is to tie business performance to organizational strategy by measuring results in four areas: financial performance, customer knowledge, internal business processes, and learning and growth.
Ø Bankruptcy: A federal law consisting of different chapters (i.e. chapter 7, chapter 11 or chapter 13) that allows individuals and businesses that are experiencing extreme financial duress and are unable to meet their financial obligations to eliminate or restructure their debts.
Ø Barrier analysis: The process of reviewing an organization’s policies and procedures to identify and eliminate impediments in recruitment, selection, transfer, or promotion of protected class individuals throughout the organization.
Ø Behavioral-based interview: An interview technique that focuses on a candidate’s past experiences, behaviors, knowledge, skills and abilities by asking the candidate to provide specific examples of when he or she has demonstrated certain behaviors or skills as a means of predicting future behavior and performance.
Ø Behaviorally anchored rating scale (BARS): An appraisal that requires raters to list important dimensions of a particular job and collect information regarding the critical behaviors that distinguish between successful and unsuccessful performance. These critical behaviors are then categorized and appointed a numerical value used as the basis for rating performance.
Ø Behavioral risk management: The process of analyzing and identifying workplace behavioral issues and implementing programs, policies or services most suitable for correcting or eliminating various employee behavioral problems.
Ø Behavior modification: A conscious attempt to change or eliminate an individual’s undesirable behavior by specifying expected behavior and reinforcing and rewarding desired behavior.
Ø Bell-shaped curve: The curve representing the normal distribution of a rating or test score.
Ø Benchmarking: The systematic process of comparing an organization’s products, services and practices against those of competitor organizations or other industry leaders to determine what it is they do that allows them to achieve high levels of performance.
Ø Benchmarks: The standards used as a basis for comparison or measurement.
Ø Bereavement leave: An employer policy that provides a specific number of paid days off following the death of an employee’s spouse, parent, child, grandparent or in-law so that the employee may attend funeral proceedings, etc.
Ø Best practices: Defined in a variety of ways, but typically refers to the practices of an organization that enables them to achieve superior organizational performance results.
Ø Bidding: The practice of posting all job openings internally so that current employees may be allowed the opportunity to apply for vacant positions prior to the employer seeking qualified candidates through other external recruitment measures.
Ø Blended workforce: A workforce is comprised of permanent full-time, part-time, temporary employees and independent contractors.
Ø Blind ad: A job advertisement placed in a newspaper, trade journal/publication, magazine or Internet job board that contains no identifying information about the employer placing the ad.
Ø Blood-Borne Pathogens Standard: An OSHA standard that sets forth requirements for employers with workers exposed to blood or other potentially infectious materials. In order to reduce or eliminate the hazards of occupational exposure, an employer must implement an exposure control plan for the worksite with details on employee protection measures. The plan must also describe how an employer will use a combination of engineering and work practice controls, ensure the use of personal protective clothing and equipment, provide training, medical surveillance, hepatitis B vaccinations, and signs and labels, among other provisions. Engineering controls are the primary means of eliminating or minimizing employee exposure and include the use of safer medical devices, such as needle less devices, shielded needle devices and plastic capillary tubes.
Ø Blue collar workers: Hourly paid workers employed in occupations that require physical or manual labor.
Ø Bona fide occupational qualification (BFOQ): A very narrowly interpreted exception to EEO laws that allows employers to base employment decisions for a particular job on such factors as sex, religion or national origin, if they are able to demonstrate that such factors are an essential qualification for performing a particular job.
Ø Bonus plan: An incentive pay plan which awards employees compensation, in addition to their base salary, for achieving individual or group performance and productivity goals.
Ø Boundary less organization: Defined as an organization that removes roadblocks to maximize the flow of information throughout the organization.
Ø Branding: The process of identifying and differentiating an organization’s products, processes or services from another organization by giving it a name, phrase or other mark.
Ø Breach of contract: Occurring when an individual who is a party to a contract or agreement does not uphold or violates the terms of the contract.
Ø Break-even analysis: A measure used to determine the approximate sales volume required to cover the costs associated with producing a particular product or service.
Ø Broad banding: A pay structure that consolidates a large number of narrower pay grades into fewer broad bands with wider salary ranges.
Ø Buddy system: A form of employee orientation whereby a newly hired employee is assigned to another employee (typically within the same department) who shows the new employee the ropes, introduces him or her to coworkers, gives personal assistance and answers questions on an as-needed basis.
Ø Budget: A numerical summary of an organization’s available resources and how those resources are to be allocated based on anticipated future expenditures for various items, such as equipment, training and development programs, benefits, implementing new processes or services, etc.
Ø Bumping: The practice of allowing more senior level employees whose positions have been slotted for elimination or downsizing the option of accepting an alternative position within the organization, for which they may be qualified to perform and which is currently occupied by another employee with less seniority.
Ø Burden of proof: The burden placed on an employer, as a result of a claim of discriminatory treatment, to provide a verifiable, legitimate and nondiscriminatory reason for any employment action taken which may have resulted in adverse treatment of a member(s) of a protected group.
Ø Bureau of Labor Statistics (BLS): The principal fact-finding agency for the federal government in the broad field of labor economics and statistics. The BLS is an independent national statistical agency that collects, processes, analyzes and disseminates essential statistical data to the American public, the U.S. Congress, other federal agencies, state and local governments, business and labor. BLS also serves as a statistical resource to the Department of Labor.
Ø Burnout: Physical or emotional exhaustion, lack of motivation or decreased morale resulting from an individual being exposed to excessive or prolonged stress and frustration caused by personal problems, work pressures, financial difficulties, etc.
Ø Business continuity planning: Broadly defined as a management process that seeks to identify potential threats and impacts to the organization and provide a strategic and operational framework for ensuring the organization is able to withstand any disruption, interruption or loss to normal business functions or operation.
Ø Business literacy: The knowledge and understanding of the financial, accounting, marketing and operational functions of an organization.
Ø Business plan: A document that provides relevant information about a company by outlining items such as the company’s business description, market or industry, management, competitors, future prospects and growth potential, etc.
About IndianHRs
This is a group which is started for the professionals who think high in their career and want to share much of the things relating to work and work culture.Its a open source for knowing and sharing
1.Requirements in the market
2.share good knowledge about HR things.
3.supportive documents for the needy.
4.Over all view of the market for the freshers and experienced people.
5.Any suggestions to be made for the group.
resume.mks@gmail.com
employer.mksolutions@gmail.com
info.mksolutions@gmail.com
1.Requirements in the market
2.share good knowledge about HR things.
3.supportive documents for the needy.
4.Over all view of the market for the freshers and experienced people.
5.Any suggestions to be made for the group.
resume.mks@gmail.com
employer.mksolutions@gmail.com
info.mksolutions@gmail.com
Tuesday, December 30, 2008
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